The Masters: Rory McIlroy not guaranteed to win at Augusta despite Phil Mickelson backing | Golf News

first_img Dustin Johnson will play with McIlroy for the first two rounds Dustin Johnson will play with McIlroy for the first two rounds

The fourth season of the travel series “Sail-ho! Croatia!” Nautical Channel

first_imgYesterday, in the Meštrović Gallery in Split, a promotion of the extraordinary documentary series “Sail-ho! Croatia!”. The series, which last season attracted the attention of as many as 32,4 million people around the world, this year began filming the fourth season of the attractive Croatian travelogue.“Sail-ho” is owned by Nautical Channel, which was created in 2011 by merging SAILING CHANNEL and YACHT & SAIL channels. Currently, their television program is broadcast on hundreds of platforms: DVB-T, DVB-S, IPTV, MMDS and satellites, and is available to over 150 million viewers. Nautical Channel deals with the topics of sailing and nautical sports, surfing, kite-boarding, brings nautical news, travel, adventure, lifestyle, but also much more to lovers of the sea and travel, boaters and lovers of water sports.Since 2015, the Nautical Channel has started broadcasting the series “Sail-ho! Croatia!” which in its first season introduces viewers to Croatia, its cities, tradition and culture. In the second season, the following year, it covers the gastronomy, islands and natural beauties of the country. After returning to topics such as cities, gastronomy, cultural and historical heritage in the third season, the new 10 commissioned episodes will deal with Croatian islands, ports, natural beauties, top accommodation and interesting people on the coast. The shooting of the new episodes lasts until June, four of them have been filmed so far, and their broadcasting on the Nautical Channel will start in October. In addition to the city of Zagreb, some of the destinations that will be presented in the fourth season are Dubrovnik, Ston, Korcula, the island of Vis, Makarska, Baska Voda, Split, Trogir and the islands of Ugljan, Pasman, Dugi Otok, Rab, Cres and Losinj.“Croatian nautical tourism is at the very top of the world and it is a true image product of Croatia. Last year, the charter achieved 474.000 arrivals and 3,2 million overnight stays, and in the first five months of this year we recorded 25 percent more arrivals and 29 percent more overnight stays, ”ahead of the new season of Sail-ho! Croatia!” said the head of the Department for Strategic Projects of the Croatian Tourist Board, Dubravko Šimenc.The filming of the mentioned series leaves a mark on Croatian tourism. Directly, Croatia is represented on the market through one of the world’s most prestigious nautical TV channels. Her debut in 2015 significantly strengthened the brand with which Croatia wants to present itself to the outside world. Also, the duration of the series positions Croatia among the leaders in nautical tourism in the Mediterranean, to which many professionals return, but also lovers of the sea and water sports. Of course, with a consecutive appearance on the Nautical Channel, guests of higher purchasing power are attracted to Croatia throughout the year.The brand CROATIA, a brand of nautical paradise, rich and varied gastronomic offer, sun and summer attracts an increasing number of foreign guests (emphasis is placed on sailors here), also raises the quality of guests and leads to revenue growth. In addition, we can certainly conclude that this contributes to the extension of the tourist season and the attraction of foreign investors in the tourism sector.”Nautical tourism is extremely important to us, it is the fastest growing branch of tourism, and we know that boaters are the first to open the season and the last to close it, and that greatly contributes to our goal of year-round tourism. With this kind of promotion, Croatia will surely get where we believe we belong, and that is among the 20 most competitive countries in the world “, said the State Secretary in the Ministry of Tourism, Tonči Glavina.The promotion in Split, along with Šimenc and Glavina, was attended by the General Manager of Nautical Channel Andrew Miller and the Director of the County Tourist Board Joško Stella and the Director of the Split Tourist Board Alijana Vukšić.What undiscovered beauties of Croatia have captured this season, we have to see in the fall. Or to close with the words of Andrew Miller from Nautical Channel: “We can’t wait to find out as much as possible, because Croatia is definitely a positive discovery for us and with each new episode we discover something new and interesting.”So far, the first three seasons are “Sail-Ho! Croatia ”broadcast over 30 times on Nautical Chanel and viewed over 2.400.000 times on Youtube channel. The main partners of the series are ACI Club, Croatian National Tourist Board, HEP, Croatia Airlines, Zagreb Tourist Board, Split-Dalmatia County Tourist Board, Split Port Authority, Zadar County Tourist Board, Zadar Port Authority, Zadar Airport and others.last_img read more

Arsenal boss Unai Emery highlights two reasons behind Pierre-Emerick Aubameyang captaincy decision

first_img Comment Advertisement Advertisement Pierre-Emerick Aubameyang captained and scored during Arsenal’s win against Wolves last weekend (Picture: Getty)Unai Emery has explained his decision to appoint Pierre-Emerick Aubameyang as Arsenal captain by saying he is an experienced and respected member of the dressing room.Ahead of Arsenal’s Europa League clash against Vitoria on Wednesday, it was confirmed that Granit Xhaka had been stripped of the captaincy with Aubameyang promoted in his place.Xhaka has been left out of Arsenal’s squad for their last three matches after his furious outburst towards the club’s supporters following his substitution during the 2-2 draw with Crystal Palace.The Swiss has informed Emery he is not ready to play against Leicester City on Saturday and Aubameyang will lead the team for the first time since his appointment at the King Power.ADVERTISEMENT Granit Xhaka hasn’t played for Arsenal since the draw against Crystal Palace last month (Picture: Getty)‘After I started with Granit Xhaka because he has the quality to take the captain’s responsibility,’ Emery said in his pre-match press conference.AdvertisementAdvertisement‘Then after the issue, I decided it was better for him not to. Next in line is Aubameyang. The second after him is [Hector] Bellerin, third is [Alex] Lacazette and the fourth is Mesut Ozil.‘The first [captain] is Aubameyang because he has experience and he has the respect in the dressing room.‘He was the top scorer last year in the Premier League and also I know he needs time to take that responsibility 100 per cent. But we are going to support him.’Following Laurent Koscielny’s departure to Bordeaux, Emery held a vote for the captaincy amongst his squad with Xhaka coming out on top and Aubameyang named as vice-captain.On this occasion, though, Emery revealed that it was his decision to promote Aubameyang to captain after deciding to take the responsibility away from Xhaka.He said: ‘I decided to give it to Auba and everybody also agreed with that decision and now I am telling you he needs time to take that responsibility with confidence, but we give him that confidence, I give him that confidence.‘He has the quality and the values to do perfectly with that responsibility.’More: Arsenal FCArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira movesThomas Partey debut? Ian Wright picks his Arsenal starting XI vs Manchester CityArsene Wenger explains why Mikel Arteta is ‘lucky’ to be managing ArsenalAubameyang has been one of Arsenal’s most consistent performers this season and leads their goalscoring charts with eight goals in the Premier League this season.As for Xhaka, his future at the Emirates seems unclear with reports already linking him with a January move, but Emery insisted he had no issues with being removed as captain.Speaking midweek, Emery said: ‘He accepted my decision and also I told the captain and other captain my decision, we need to carry on and to focus on tomorrow’s match and Saturday’s match.‘I needed to take one decision, and now it is closed.’More: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man City Metro Sport ReporterFriday 8 Nov 2019 3:21 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link271Shares Arsenal boss Unai Emery highlights two reasons behind Pierre-Emerick Aubameyang captaincy decisionlast_img read more

Arsenal to axe £20m-rated Ainsley-Maitland Niles to pay for new Pierre-Emerick Aubameyang contract

first_imgMaitland-Niles could be on the way out (Picture: Getty Images)After another impressive season, Aubameyang has been linked with moves to Manchester United, Chelsea, Real Madrid and Barcelona, but if the club fail to agree a new contract with the striker, he could leave for free next year.If the club do end up selling him, they will need to sign a replacement and the report states that Celtic’s Odsonne Edouard is a primary target.The Frenchman will cost up to £30 million, which could be out of the Gunners’ price range given their limited spending power.More: Arsenal FCArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira movesThomas Partey debut? Ian Wright picks his Arsenal starting XI vs Manchester CityArsene Wenger explains why Mikel Arteta is ‘lucky’ to be managing ArsenalHowever, if they can get £20m for Maitland-Niles, a portion of that money could be used to offer Aubameyang new terms, or be put towards making a bid for a replacement.Arsenal may also consider cashing in on some of their exciting youngsters as another source of raising funds.19-year-old Emile Smith Rowe is on the radar of a few clubs, but wouldn’t be let go for a cut-price fee.MORE: Celtic striker Odsonne Edouard responds to Arsenal transfer linkMORE: Bernd Leno insists Arsenal can spring a surprise against Manchester CityFollow Metro Sport across our social channels, on Facebook, Twitter and Instagram.For more stories like this, check our sport page. Arsenal to axe £20m-rated Ainsley-Maitland Niles to pay for new Pierre-Emerick Aubameyang contract Advertisement Metro Sport ReporterSaturday 13 Jun 2020 11:56 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link2.5kShares Comment Advertisement Aubameyang is yet to sign a new deal at the Emirates (Picture: Getty Images)Arsenal will reportedly aim to sell Ainsley Maitland-Niles to bring in cash to offer Pierre-Emerick Aubameyang an improved contract, or sign his replacement if he leaves.The 22-year-old lost his place in the side under boss Mikel Arteta and the Spaniard warned him in March that he needs to work harder to get back into the team.Maitland-Niles hasn’t featured in the Premier League for the Gunners since January and according to The Sun, the club view him as dispensable.The north London side are in desperate need to raise funds given their top scorer Aubameyang’s pressing contract situation.AdvertisementAdvertisementADVERTISEMENTThe Gabon international is yet to sign an extension on his current deal which is due to expire in 2021.last_img read more

Cambridge study warns investors of ‘unhedgeable’ climate risk

first_imgLack of action on climate change could see portfolios lose close to 50% of their value, according to research conducted by the University of Cambridge.It warns that investors will be unable to hedge against certain climate risks but concedes that it is difficult for investors to distinguish between the types of risk they can counteract and those that can only be addressed by an overhaul of the economy.The University of Cambridge Institute for Sustainability Leadership projects future global growth based around three scenarios: 1) a global agreement to limit temperature increases to 2° C; 2) the economy continues with the current level of mitigation; and 3) there are no further efforts to mitigate climate change.It finds a notable impact in the short term when global-temperature increases are limited to 2° C and governments opt for no mitigation. “The No Mitigation scenario,” the report says, “causes a global recession for the first three quarters of the analysis period, while the Two Degrees scenario does not cause a global recession but does cut economic growth in half when compared with baseline.”It adds, however, that the No Mitigation scenario sees an indefinite continuation of loss of output, while limiting the global-temperature increases in line with the recommendations of the Intergovernmental Panel on Climate Change sees the economy underperform compared with current activity for up to 12 years but eventually grow “much faster” than the baseline scenario.Transferring its calculations to four model portfolios – based around a high exposure to fixed income, a conservative portfolio, a balanced portfolio and an aggressive portfolio with high equity exposure – the Institute finds that the aggressive portfolio fared worst when No Mitigation took place, recording a loss of 45% and registering a “permanent loss, with returns not being restored to the baseline projection levels”.The report argues that, unlike other claims, the modelling shows a demonstrable, immediate impact rather than a hypothetical future discount on current values.It also finds that, while the largest loss for the aggressive portfolio – comprising 60% equities and 35% fixed income, largely mimicking the holdings of the Norwegian Government Pension Fund Global – was suffered in the 2° C scenario, this was down to the volatility suffered by equities, and the portfolio overall recovered relatively quickly.Cautious investors, investing only 12% in equities and 84% in fixed income, were most shielded from the impact of climate change, the report adds.“Regardless of the sentiment scenario studied, the high fixed income portfolio will be least at risk of any financial market disruption,” it says. “However, this portfolio also experiences low performance and small overall gains.”Where no climate change mitigation occurs, the University’s report recommends a shift away from developed market real estate, while emerging market oil and gas could help cut the loss potential almost in half, by 47%.It suggests capital should instead be deployed towards transport projects in developed markets and emerging market pharmaceuticals.Jake Reynolds, director for sustainable economy at the Institute, argued that the calculations showed no investor was protected from the impact of climate change.“However,” he said, “it is surprisingly difficult to distinguish between risks that can be addressed by an individual investor through smart hedging strategies and ones that are systemic and require much deeper transformations in the economy to deal with.”Read more about the upcoming climate conference in Paris and the pipeline for renewable infrastructure in the current issue of IPE,WebsitesWe are not responsible for the content of external sitesLink to University of Cambridge’s ‘Unhedgeable risk’ reportlast_img read more

UK roundup: Survey points to annual ‘tax drag’ of up to £250m

first_img“This is an important time when DB pension schemes should be looking to take advantage of every revenue stream available to them.”He likened missing out on the additional investment income to an “own goal”, and said pension schemes did not have to change their selected asset manager or investment strategy to switch to tax efficient fund structures for their pooled fund equity investments.Clive Bellows, head of global fund services for EMEA at Northern Trust, said: “Similarly, asset managers that operate or are planning to launch equity-based European funds would do well to consider how the use of a tax transparent fund may benefit their investors.”AMX is an “open architecture” service provider for asset managers, and is backed by Willis Towers Watson. It offers tax transparent equity vehicles on its platform for pension schemes in the UK and other countries120-member scheme buys out with Legal & General The pension scheme for a farmers’ cooperative has secured the benefits of all its 120 members via a £13m buyout with Legal & General Assurance Society.The Superannuation Scheme for the Brandsby Agricultural Trading Association (BATA) was an existing Legal & General Group client, with Legal & General Investment Management having been appointed as its fiduciary manager in 2018.Steven Clarke, chair of the trustees, said: “Crucial to the success of this transaction was the combination of having the governance structure in place to manage and opportunistically de-risk; alongside the ability to monitor live transactable buyout pricing and price lock the portfolio quickly and efficiently.”Julian Hobday, director at Legal & General Retirement Institutional, said the fiduciary management agreement with LGIM had been “very effective in providing excellent communication, a clear journey plan and timely investment actions.” LCP is predicting bulk annuity volumes to amount to between £20bn-£25bn this year, in part due to attractive pricing in the wake of the coronavirus pandemic. Passing the £24.2bn mark would make 2020 the second biggest year, after £43.8bn last year.Feeding into the consultancy’s forecast is the view that small scheme transactions will increase by 25% this year as demand surges for streamlined transaction processes.Established in 1894, BATA supplies agricultural and energy products to the rural community.Fintech adds GMP help to DB analytics platform RiskFirst, a Moody’s Analytics company, has integrated Guaranteed Minimum Pension (GMP) capabilities into its defined benefit pension scheme analytics platform to help UK consultants help trustees meet the challenge of equalising GMP benefits, as required by a landmark gender discrimination case.RiskFirst said adding the new GMP feature to the PFaroeDB platform meant UK employee benefit consultants could “access member-level GMP equalisation capabilities within a fully integrated valuation system, alongside a suite of DB pension scheme analytics tools”.In October 2018, the UK’s High Court ruled that Lloyds Bank had discriminated against male members of its three DB schemes by effectively accruing them a lower pension benefit than they were entitled to under the GMP rules.The ruling affects any pension scheme that had contracted out of the UK’s state pension scheme, requiring them to equalise for GMP benefits between men and women.In the immediate wake of the ruling, consultants estimated that UK pension schemes faced a collective bill of around £15bn (€16.9bn) as a result of the ruling, but some companies have lowered their estimates of the cost to legacy pension benefits.The High Court set out a range of methods that could be adopted to correct for the inequalities of GMPs accrued, but said it was up to trustees and employers of each pension scheme to decide what method was most appropriate for their scheme.“GMP equalisation is complex, and needs to be done right”Jonathan Conway, head of customer success at RiskFirstRiskFirst said: “It has taken nearly two years for the industry to agree how to address this complex issue and develop member-level solutions.” .It said it had sought feedback from existing clients of the PFaroeDB solution about various modelling approaches to determine the GMP valuation methodologies that are required to address consultants’ needs.A spokeswoman said it was this, combined with the analytics tools already available via the PFaroeDB platform, that made the new GMP feature noteworthy.Jonathan Conway, head of customer success at RiskFirst, said: “GMP equalisation is complex, and needs to be done right. DB pension schemes across the UK will be reassessing their methodologies and looking for advice on how to navigate this challenge.“This provides PFaroeDB users with an excellent opportunity to consult with their own clients and support them through this change.”RiskFirst was acquired by Moody’s last year.Looking for IPE’s latest magazine? Read the digital edition here. They said that 69% of the surveyed pension schemes using less tax-efficient funds “admitted” they were unaware of the investment income benefits that tax transparent funds had compared with other fund structures, and 82% said that that tax efficient fund structures for equity investments were not included in their scheme’s risk register.  Oliver Jaegemann, CEO of AMX, said: “In the current environment due to the COVID-19 crisis, many pension scheme trustees and their advisors are facing widening funding gaps, scheme sponsors in financial difficulty, and deliberations on re-risking their investment strategies.#*#*Show Fullscreen*#*# UK defined benefit (DB) schemes are losing out on up to £250m (€273m) of additional income per year in their global equity portfolios by not investing via tax transparent funds or insurance policies for their pooled fund investments, according to analysis carried out by Northern Trust and The Asset Management Exchange (AMX).The research was based on a survey of 120 DB plans, with the data then applied to the market (see diagram). According to the survey, 72% of schemes were using fund structures that were tax inefficient, including investment trusts and open-ended investment companies.Northern Trust and AMX calculated that a total of £56bn was invested in less tax-efficient funds by UK schemes in 2019, which had led to lost income of up to £256m for DB pension schemes that year, or nearly £2.5bn over the next decade.In a statement, the organisations said this loss that could be mitigated if the schemes used a tax transparent fund for their pooled equity investments.last_img read more

Edge Hill, Freshwater, Kamerunga Cairns’ most-clicked properties

first_img Iconic Cairns restaurant reborn Glenda Sibbald has owned her Old Smithfield Rd property there for five years and it comes with two large multipurpose rooms or bedrooms downstairs plus common area indoor and outdoor living zones.The downstairs section rents for $490 per week. She said the suburb was friendly and picturesque.Just a few doors along at number 61, Belle Property agent Vanessa Robinson sold the home for $1.225 million last month – a record price for the established suburb. And not too far away, Donna Waldman from Ulysses Real Estate sold 4 Rathis Close in Kamerunga in July just three weeks after it was listed. She said properties were in high demand in the suburb.“I had a number of offers on it,” Ms Waldman said. “Kamerunga is sought-after because Peace Lutheran College is nearby, and it is in the catchment for Redlynch State School and St Andrew’s Catholic College and parents are wanting to get their kids into those classes.” Plan to entice Indian visitors to Cairns SPECIAL OFFER: Cairns Post subscription just $1/week for first 8 weeks Aldi responds to FNQ’s wish for storecenter_img “It’s got things that attract potential buyers like cafes, restaurants, botanic gardens, (the) Tanks and walking tracks. “Stratford, too, is a real lifestyle suburb. Again, it’s got that village feel that people love in Edge Hill and there’s the ability to walk to coffee shops or restaurants from home. “You can also jump on a bike track and get safely to where you need to go.”Just down the road from Stratford, Freshwater did rate a mention as the second most clicked on suburb. Glenda Sibbald at her Freshwater property on Old Smithfield Rd. The suburb was second most clicked on according to data for the six months to September 2019. PHOTO: ALICIA NALLY MORE NEWS Glenda Sibbald at her Freshwater property on Old Smithfield Rd. The suburb was second most clicked on according to data for the six months to September 2019. PHOTO: ALICIA NALLYTHERE is no surprise as to what’s on the list of most clicked on properties in the Cairns region – rather, it’s the locations that have been left off that have raised some eyebrows.Data from showed Edge Hill, Freshwater and Kamerunga were most popular with online viewers clicking 2160, 1834 and 1538 times respectively on properties in the leafy suburbs.But LJ Hooker Cairns Edge Hill agent Nadine Edwards said she was surprised Stratford did not rate in the top 10.“Edge Hill is known as a premier suburb and buyers there want the proximity to everything – the CBD, the airport,” she said. CAIRNS’ MOST CLICKED ON SUBURBS More from newsCairns home ticks popular internet search terms2 days agoTen auction results from ‘active’ weekend in Cairns2 days ago ■ Edge Hill: 2160 ■ Freshwater: 1834 ■ Kamerunga: 1538 ■ Brinsmead: 1530 ■ Whitfield: 1510 ■ Palm Cove: 1486 ■ Holloways Beach: 1311 ■ Bayview Heights: 1237 ■ Redlynch: 1234 ■ Kanimbla: 1144(Data from and only includes stand-alone houses. Each area had to have at least four sales per month for the six months to the end of September 2019.)last_img read more

IK Uche urges Chukwueze not to rush out of La Liga

first_imgFormer Nigerian forward, Ikechukwu Uche, has backed his compatriot, Samuel Chukwueze to continue his growth with LA Liga side Villarreal C.F. Promoted Content7 Ways To Understand Your Girlfriend Better6 Great Ancient Mysteries That Make China Worth VisitingA Hurricane Can Be As Powerful As 10 Atomic BombsThe Funniest Prankster Grandma And Her GrandsonTruly Mysterious Things That Have Happened On Chinese SoilCouples Who Celebrated Their Union In A Unique, Unforgettable WayYou’ve Only Seen Such Colorful Hairdos In A Handful Of Anime10 Risky Jobs Some Women DoWhich Country Is The Most Romantic In The World?6 Incredibly Strange Facts About Hurricanes5 Of The World’s Most Unique Theme ParksPortuguese Street Artist Creates Hyper-Realistic 3D Graffiti Chukwueze has blossomed in the color of the yellow submarine side and has been linked with a potential move to the premier league side Chelsea and Liverpool. His impressive rise in European football earned a nomination for the golden boy and Kopa trophy award last season and was also named young player of the year for Villarreal and Nigeria respectively. However, Ikechukwu Uche, who also starred in the Spanish top flight with Getafe and Villarreal opined that moving to the premier league might be too early for the youngster and urged him continue his development with the club instead.Advertisement “He is very good; everything is working very fast for him. He’s doing well, he’s growing. With the games he’s been playing it shows he can get better. Where he is it is obvious that he would get better.” “He would do well because it is one of the best teams at the moment in the Spanish League. read also:Super Eagles legend excited over Osimhen, Chukwueze’s progress They’ve had important players and like bringing up players from the second team and make them stars.” FacebookTwitterWhatsAppEmail分享 Loading… last_img read more

Bulldogs Swimmers Battle Spartans And Royals

first_imgMaria Lopez (10) — 200 IM (2:41.35)Gwen Martin (12) — 100 Free (1:05.97) @BatesvilleSwimBe sure to keep up with all the latest news on Batesville Swimming teams on social media — Facebook and InstagramCourtesy of Bulldogs Coach Greg McMullen. The Bulldogs (2-0) opened their season today with a victory over both the Spartans and Royals.  TEAM SCORESBatesville Bulldogs 50, Connersville 47Batesville Bulldogs 54, Eastern Hancock 40 The Batesville High School Men’s and Women’s Swimming travelled to Connersville High School on Tuesday evening. The Lady Bulldogs (2-2) came away with a victory over Eastern Hancock while falling to the host school, Connersville.  Connersville 57, Batesville Bulldogs 40Batesville Bulldogs 52, Eastern Hancock 34 BULLDOG WINNERSEthan Brewer (11) — 100 Butterfly (58.79)William Johnson (9) — 100 Backstroke (1:05.78)Ciaran Tyrer (9) — 100 Breaststroke (1:14.71) UP NEXTThe Batesville Bulldogs swim team will be visiting Centerville for a multi-team meet against opponents Centerville and Seton Catholic on Dec. 5 at Centerville High School in Centerville. NOTABLESThe Men’s team won 2 of 3 relay eventsSonja Gaulin led the women’s team in individual points earned with 13Freshman Will Johnson and Ciaran Tyrer tied with 12 individual points earned for the men’s team.last_img read more

United sign Herrera

first_imgManchester United have signed Spanish midfielder Ander Herrera after meeting the buy-out clause in his Athletic Bilbao contract. Press Association “I have joined United to do all I can to help the team reach the club’s objectives. Having arrived on Tuesday I’m excited to now be living in Manchester and I can’t wait for my first game in United’s famous red shirt.” Herrera is the club’s first major signing since Louis van Gaal was confirmed as manager. He has penned a four-year contract, with United holding an option to extend his stay for a further year. The Red Devils attempted to sign the talented playmaker last summer but failed to complete the deal on deadline day, with reports suggesting the transfer had been interfered with by pranksters pretending to act on the club’s behalf. Then-manager David Moyes instead bought Marouane Fellaini, who endured a disappointing debut campaign and failed to solve the team’s long-term problems in central midfield. Herrera, who scored 11 goals in 128 appearances for Bilbao, will be charged with bringing added control to United’s midfield, where he will compete for a place with the likes of Michael Carrick, Tom Cleverley and Fellaini. “Ander is a fantastic young player, with great energy and creativity,” assistant manager Ryan Giggs said. “We believe him to be one of the brightest young prospects in Spain and I am certain he will be a big hit with the United fans. “I’m delighted he has made the decision to come to Manchester and play his part in the club’s future. I’m looking forward to seeing him in action on our summer tour to America.” Herrera is yet to play for Spain’s senior team but has been capped at Under-20, Under-21 and Under-23 level. center_img United had a bid of £28.85million for the 24-year-old rejected earlier on Thursday but an improved, though undisclosed, offer was enough to secure his signature. Herrera said: “Signing for Manchester United is a dream come true. I have played at Old Trafford for Athletic Club in the Europa League and it was one of the highlights of my career so far. last_img read more